Choosing Chia Network: Can It Grow? (825% - 1,471% Potential)

9월 23일

I looked at some charts and passed one and said, nope; then another and another one... At one chart I stopped and thought, "this one looks good but there is something, I know that it needs more sideways... There is something missing."

I went back to look at all the trade-numbers I shared yesterday and looked at the difference; because some charts look good, they can produce a small jump but they still have 3-4 months left of consolidation. In this 3-4 months, they can produce a new low and it would be a waste to share them today, better share them when they are closer to breaking out.

After going through a few more charts, I found the difference; while some will be consolidation sideways with the doors open for moving down, potentially a new lower low, others will grow a bit then retrace to grow some more. The retraces would clearly end in a higher low which means that the probabilities are small for lower lows; which means that the bottom is in.

That was the difference. Those that did click were the ones that looked like the bottom was already in. I say "looked like" because in the end we don't truly know how the short-term action will develop. We can predict with 100% accuracy the long-term direction but the rest can be doubted without end.

Chia Network (XCH) looks like it already hit bottom and is ready to grow next.

Namaste.

10월 4일

노트

Bullish breakout is now confirmed.